2021 SGD to GNF Historical Review

YEARLY HIGH

7786.5484 GNF

YEARLY LOW

6798.6929 GNF

YEARLY AVERAGE

7326.8594 GNF

2021 SGD to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SGD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 7786.5484. Conversely, the yearly low was recorded on December 17, dropping to 6798.6929.

This high-to-low spread represents a total annual volatility of 987.8555 GNF. From a start-to-finish perspective, comparing the January average rate of 7695.8346 to the December average rate of 6904.2396, the exchange rate registered a net change of -10.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 7786.5484 was up 2.91% compared to the 2020 peak of 7566.3626, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SGD based on timing:

Yearly Peak High 38,932,742 GNF

2020 Average 34,896,977 GNF

Yearly Trough Low 33,993,464 GNF

Transaction Impact: A difference of 4,939,277.67 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

7774.9941

6825.0801

JanuMarcMayJulySeptNove

SGD to GNF Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 7517.0293, compared to 7136.6895 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 380.3398 points.

H1 Avg (Jan–Jun) 7517.0293

H2 Avg (Jul–Dec) 7136.6895

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 281.6371 GNF (High: 7136.7964 / Low: 6855.1592). On the other end, April was the most stable month, with a tight range of 84.2795 GNF (High: 7503.5203 / Low: 7419.2408).

November Spread (Volatile) ±281.6371

April Spread (Stable) ±84.2795

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 166.7099 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -166.7099

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 7660.3981) against the same month in 2020 (average: 6817.2430), the exchange rate shifted by +843.1551 (+12.37%).

2021 Avg (February) 7660.3981

2020 Avg (February) 6817.2430

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	7779.5907	7567.8625	7695.8346
February	7786.5484	7570.3618	7660.3981
March	7624.5243	7443.1459	7498.7110
April	7503.5203	7419.2408	7466.4541
May	7489.1946	7378.6231	7421.2459
June	7419.9103	7301.0843	7359.5317
July	7299.6960	7174.7822	7239.1431
August	7284.3741	7169.1347	7218.1129
September	7295.7582	7171.2081	7254.8999
October	7234.6343	7138.5663	7185.2256
November	7136.7964	6855.1592	7018.5157
December	6979.3292	6798.6929	6904.2396